TGIC expands China units

Post Time：Sep 21,2011Classify:Company NewsView：239

Taiwan Glass Industrial Corp (TGIC, 台灣玻璃), the nation’s largest glass maker, plans to increase its investment in three units in China by a total of US$38 million, the company said in a statement to the Taiwan Stock Exchange yesterday.

In June, the firm announced plans to sell as much as US$300 million in overseas convertible bonds to help fund raw materials purchases and investment abroad.